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Facebook and Calibra’s David Marcus: The Problem of Global Unbanked Is “Unacceptable”

23.1.2020
Calibra’s David Marcus explained at WEF what is the primary purpose of digital currencies

World Economic Forum Debuts Framework for Central Bank Digital Currency

23.1.2020
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies

The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances

23.1.2020
Neither fiat nor crypto, but a mixture of both: What are the stablecoins really for?

India Central Bank Says It Hasn’t Banned Crypto

22.1.2020
The Reserve Bank of India (RBI) says it has not banned cryptocurrency usage — only the regulated avenues leading to it

Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments

22.1.2020
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments

Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today

22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...

6 Central Banks Form Digital Currency Use Case Working Group

21.1.2020
The working group will pool research into CBDCs

RBI Confirms Crypto Not Banned in India

21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...

Six Major Central Banks to Collaborate on Digital Currency Research

21.1.2020
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group

India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing

21.1.2020
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos

Lithuania Central Bank: Limited Edition Digital Coin Ready for Launch

20.1.2020
The reverse of the coin. The Bank of Lithuania, the country’s central bank, has approved a sample of the LBCoin, a token that it claims will be the world’s first blockchain-powered digital commemorative coin. The bank says the token will be issued in spring this year. The coin is made of silver...

Crypto vs RBI: 3 Days of Intense Supreme Court Hearings

18.1.2020
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance...

Indian Supreme Court Hears In-Depth Arguments Against RBI Ban

15.1.2020
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside...

Fed Officials Ponder Funding Hedge Funds and Private Brokers Directly

15.1.2020
On January 13, the New York Federal Reserve gave $60.7 billion to eligible private financial institutions by leveraging U.S. Treasurys and agency securities. With all the stimulus given to financial institutions since September, it hasn’t relieved the stress of economic uncertainty. Now...

China Issues Digital Currency Guide for Party Cadres

14.1.2020
Understanding a complex subject should be easier with access to educational materials. With blockchain and CBDC now part of Beijing’s political vocabulary, the Communist Party of China (CPC) has issued a guide to digital currencies meant to prepare party officials for upcoming changes in...

Digital Currency Manual for Chinese Officials in High Demand, Enters Second Printing

13.1.2020
Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology

US and European Regulators Say Crypto a Priority This Year

12.1.2020
Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined their plans to focus...